ChainCatcher report: Long.xyz, Robinhood’s chain-based issuance platform, announced that trading volume for tokenized stocks on the Robinhood chain has surpassed $1 billion, reaching a new milestone. Since the launch of the Robinhood chain, Long.xyz has accounted for 15% of the total trading volume in tokenized stock DEXs. Meanwhile, despite the Robinhood chain’s TVL growing tenfold, Long.xyz still represents 10% of the total TVL for tokenized stocks on the chain.
Long.xyz on Robinhood Chain Surpasses $1 Billion in Tokenized Stock Trading Volume
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Summary
Long.xyz, a tokenized stock trading platform on Robinhood Chain, has reached $1 billion in trading volume, according to on-chain data from ChainCatcher. Since Robinhood Chain’s launch, it has accounted for 15% of DEX trading volume in tokenized stocks. Long.xyz also holds 10% of the chain’s total TVL, even as TVL has grown tenfold. The project continues to drive ecosystem growth in the tokenized assets space.
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